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Institutional Allocation in Initial Public Offerings: Empirical Evidence
16 references·16 citing·36 second hopsampled
Institutional Allocation in Initial Public Offerings: Empirical Evidence (2001)Institutional Allocation in Initial Publi…Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs? (2002)Why Don’t Issuers Get Upset A…Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence (2001)Underpricing and Entrepreneur…Bookbuilding and Strategic Allocation (2001)Bookbuilding and Strategic Al…When the Underwriter Is the Market Maker: An Examination of Trading in the IPO Aftermarket (2000)When the Underwriter Is the M…The Seven Percent Solution (2000)The Seven Percent SolutionStabilization Activities by Underwriters after Initial Public Offerings (2000)Stabilization Activities by U…The Pricing of Initial Public Offerings: Tests of Adverse-Selection and Signaling Theories (1994)The Pricing of Initial Public…Initial public offerings: International insights (1994)Initial public offerings: Int…The underpricing of initial public offerings and the partial adjustment phenomenon (1993)The underpricing of initial p…An empirical investigation of IPO returns and subsequent equity offerings (1993)An empirical investigation of…Venture Capitalist Certification in Initial Public Offerings (1991)Venture Capitalist Certificat…Initial Public Offerings and Underwriter Reputation (1990)Initial Public Offerings and …How investment bankers determine the offer price and allocation of new issues (1989)How investment bankers determ…Why new issues are underpriced (1986)Why new issues are underpricedInvestment banking, reputation, and the underpricing of initial public offerings (1986)Investment banking, reputatio…Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…Raising Bond Capital in Segmented Markets (2025)Raising Bond Capital in Segme…Voting Rights Delivery in Investment-Based Crowdfunding: A Cross-Platform Analysis (2018)Voting Rights Delivery in Inv…Gender in entrepreneurial finance: matching investors and entrepreneurs in equity crowdfunding (2017)Gender in entrepreneurial fin…Returns on Investments in Equity Crowdfunding (2016)Returns on Investments in Equ…The differential impact of the bank–firm relationship on IPO underpricing: evidence from China (2014)The differential impact of th…Local IPOs, local delistings, and the firm location premium (2014)Local IPOs, local delistings,…How Asian and Global Economic crises Prevail in Chinese IPO and Stock Market Efficiency (2011)How Asian and Global Economic…Skirting the Issues? Experimental Evidence of Gender Bias in IPO Prospectus Evaluations (2010)Skirting the Issues? Experime…Acquisition Activity and IPO Underpricing (2010)Acquisition Activity and IPO …Political Connections and the Process of Going Public: Evidence from China (2009)Political Connections and the…Do Institutions Receive Favorable Allocations in IPOs with Better Long-Run Returns? (2006)Do Institutions Receive Favor…Assets in Place, Growth Opportunities, and IPO Returns (2005)Assets in Place, Growth Oppor…IPO Underpricing: A Survey (2004)IPO Underpricing: A SurveyConflicts of Interest and Market Discipline Among Financial Service Firms (2004)Conflicts of Interest and Mar…The Long-Run Behavior of Debt and Equity Underwriting Spreads (2003)The Long-Run Behavior of Debt…Does Sentiment Drive the Retail Demand for Ipos? (2003)Does Sentiment Drive the Reta…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Role of Market Forces in Assuring Contractual Performance (1981)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Large Shareholders and Corporate Control (1986)Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies (1997)Conflict of Interest and the Credibility of Underwriter Analyst Recommendations (1999)INITIAL PUBLIC OFFERINGS (1988)The Long‐Run Performance of initial Public Offerings (1991)The Equity Share in New Issues and Aggregate Stock Returns (2000)Uniformly least powerful tests of market efficiency (2000)Global, local, and contagious investor sentiment (2011)A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues (1982)Information and the Cost of Capital (2004)Theory of Rational Option Pricing (1973)MEDIA LEGITIMATION EFFECTS IN THE MARKET FOR INITIAL PUBLIC OFFERINGS. (2003)Why Has IPO Underpricing Changed Over Time (2004)Theory of rational option pricing (2005)Risk, Return, and Equilibrium: Empirical Tests (1973)Capital raising, underwriting and the certification hypothesis (1986)Market microstructure: A survey (2000)IPO Pricing in the Dot‐com Bubble (2003)Prospect Theory: An Analysis of Decision under Risk (1979)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)Why Has IPO Underpricing Changed Over Time? (2002)DotCom Mania: The Rise and Fall of Internet Stock Prices (2003)Prospect theory, mental accounting, and momentum (2005)IPO Market Cycles: Bubbles or Sequential Learning? (2002)Dancing with Strangers: Aspiration Performance and the Search for Underwriting Syndicate Partners (2005)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)A Review of IPO Activity, Pricing, and Allocations (2002)Whom You Know Matters: Venture Capital Networks and Investment Performance (2007)Econometric Analysis of Cross Section and Panel Data (2001)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)
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References

  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 1986Why new issues are underpriced2,788 cited
  • 1986Investment banking, reputation, and the underpricing of initial public offerings2,581 cited
  • 1990Initial Public Offerings and Underwriter Reputation2,442 cited
  • 1989How investment bankers determine the offer price and allocation of new issues1,815 cited
  • 2002Why Don’t Issuers Get Upset About Leaving Money on the Table in IPOs?1,384 cited
  • 1994Initial public offerings: International insights1,256 cited
  • 1993The underpricing of initial public offerings and the partial adjustment phenomenon988 cited
  • 2000The Seven Percent Solution768 cited
  • 1994The Pricing of Initial Public Offerings: Tests of Adverse-Selection and Signaling Theories714 cited
  • 1991Venture Capitalist Certification in Initial Public Offerings637 cited
  • 2001Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence568 cited
  • 2000When the Underwriter Is the Market Maker: An Examination of Trading in the IPO Aftermarket510 cited
  • 2001Bookbuilding and Strategic Allocation449 cited
  • 1993An empirical investigation of IPO returns and subsequent equity offerings

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425 cited
  • 2000Stabilization Activities by Underwriters after Initial Public Offerings382 cited
  • Cited by

    • 2006Do Institutions Receive Favorable Allocations in IPOs with Better Long-Run Returns?91 cited
    • 2018Voting Rights Delivery in Investment-Based Crowdfunding: A Cross-Platform Analysis72 cited
    • 2016Returns on Investments in Equity Crowdfunding65 cited
    • 2004IPO Underpricing: A Survey64 cited
    • 2009Political Connections and the Process of Going Public: Evidence from China61 cited
    • 2017Gender in entrepreneurial finance: matching investors and entrepreneurs in equity crowdfunding58 cited
    • 2005Assets in Place, Growth Opportunities, and IPO Returns53 cited
    • 2004Conflicts of Interest and Market Discipline Among Financial Service Firms51 cited
    • 2003Does Sentiment Drive the Retail Demand for Ipos?37 cited
    • 2010Acquisition Activity and IPO Underpricing32 cited
    • 2011How Asian and Global Economic crises Prevail in Chinese IPO and Stock Market Efficiency28 cited
    • 2025Raising Bond Capital in Segmented Markets27 cited
    • 2014The differential impact of the bank–firm relationship on IPO underpricing: evidence from China25 cited
    • 2014Local IPOs, local delistings, and the firm location premium25 cited
    • 2010Skirting the Issues? Experimental Evidence of Gender Bias in IPO Prospectus Evaluations23 cited
    • 2003The Long-Run Behavior of Debt and Equity Underwriting Spreads21 cited